$17,475,000
SOLD NOV 5, 2024

722 N Rexford Dr Beverly Hills, CA 90210

6 Beds
10 Baths
8,900 Sq Ft
0.45 Acres

Recently Sold

$1,963 Per Sq Ft

1% Below List Price

34 Days on Market

Highlights

  • Detached Guest House
  • Wine Cellar
  • Cabana
  • Hawthorne Elementary School Rated A
  • Home Theater
  • Solar Power System

About This Home

As of November 2024

This beautifully renovated 1920s Spanish-style home is set on a sprawling 19,500 square-foot lot in the prestigious Beverly Hills Flats. Blending timeless charm with modern luxury, the residence features six spacious bedrooms, each thoughtfully designed with abundant natural light and elegant finishes.The entertaining areas in the home are adorned with exposed wooden beams, adding warmth and character to spaces designed for gathering. A beautiful loggia off the downstairs entertainment area creates a perfect flow between indoor and outdoor living, ideal for hosting guests or enjoying quiet moments surrounded by nature. The expansive primary suite, serves as a luxurious retreat featuring a large, private deck that overlooks the beautifully landscaped backyard. The suite also includes separate his and hers ensuite bathrooms, complete with high-end fixtures, walk-in closets, and refined finishes, offering an unparalleled sense of comfort and privacy. A detached guest house further enhances the property, offering a guest room, a gym, and a three-car garage. The expansive, private backyard is a lush oasis, complete with mature trees and ample space for outdoor dining and relaxation. Located in the coveted Beverly Hills Flats, this home provides the perfect balance of serene privacy and proximity to world-class shopping, dining, and entertainment.

Last Agent to Sell the Property

Alexa Kort

Plus Real Estate License #02054501 Listed on: 10/02/2024

Last Buyer's Agent

Weston Littlefield

Christie's International Real Estate SoCal License #02053581

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $134,149

Year Built

  • Built in 1929

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 79x250
  • Property is zoned BHR1*

Home Design

  • Spanish Architecture

Interior Spaces

  • 8,900 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Ceiling Fan
  • See Through Fireplace
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Home Theater
  • Den with Fireplace
  • Library with Fireplace
  • Home Gym
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Auto Driveway Gate

Pool

  • Cabana
  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Fireplace
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Purifier
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Additional Features

  • Solar Power System
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4341-028-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$134,149

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 8900
  • Lot Acreage: 0.4481
  • Lot Dimensions: 79x250
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Den, Family Room, Exterior, Great Room, Library, Master Bedroom, See Through
  • Flooring: Hardwood, Tile
  • Bedrooms: 6
  • Full Bathroom: 8
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 10.00
  • Den: 1
  • Equipment: Alarm System, Antenna, Bar Ice Maker, Barbeque, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Network Wire, Water Purifier, Water Filter, Washer, Vented Exhaust Fan, Solar Panels, Satellite, Refrigerator, Range/Oven
  • Price Per S Q F T: 1977.53

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa: In Ground, Hot Tub
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Driveway Gate, Private Garage
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4341-028-011
  • Lot Size Area: 19520

Rental Info

  • Lease Option: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Oct 11, 2024
Sold by
Black Sand Associates Llc
Bought by
Hong Family Trust and Hong
Seller's Agent
Alexa Kort
Plus Real Estate
Buyer's Agent
Weston Littlefield
Christie's International Real Estate SoCal
List Price
$17,600,000
Sold Price
$17,475,000
Premium/Discount to List
-$125,000
-0.71%
Views
8
Current Estimated Value
$11,731,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,743,764
Avg. Annual Appreciation
-42.95%
Original Mortgage
$10,485,000
Outstanding Balance
$10,422,657
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,308,579

Purchase Details

Closed on
Dec 17, 2015
Sold by
Wasserman Casey
Bought by
Black Sand Associates Llc

Purchase Details

Closed on
Dec 12, 2000
Sold by
Landmark Restoration Llc
Bought by
Wasserman Casey and The Casey Wasserman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,298,444
Interest Rate
7.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 1999
Sold by
Wang Trust and Wang Yaping Tr Yaping Wang Trust
Bought by
Landmark Restoration Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.12%

Purchase Details

Closed on
Dec 29, 1993
Sold by
Wang Yaping
Bought by
Wang Guanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.85%

Purchase Details

Closed on
Nov 30, 1993
Sold by
Wang Yaping
Bought by
Wang Yaping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.85%

Purchase Details

Closed on
Nov 10, 1993
Sold by
Wang Guangda
Bought by
Wang Yaping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.85%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $17,475,000 Chicago Title Company
Grant Deed $9,590,500 First American Title Company
Grant Deed $4,425,000 Provident Title
Grant Deed $2,400,000 Progressive Title Company
Quit Claim Deed -- --
Grant Deed -- --
Quit Claim Deed -- Western Cities Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,485,000 New Conventional
Previous Owner $12,187,500 New Conventional
Previous Owner $12,187,500 New Conventional
Previous Owner $12,187,500 New Conventional
Previous Owner $12,187,500 Adjustable Rate Mortgage/ARM
Previous Owner $7,192,522 Adjustable Rate Mortgage/ARM
Previous Owner $6,500,000 Credit Line Revolving
Previous Owner $4,298,444 Unknown
Previous Owner $1,800,000 No Value Available
Previous Owner $980,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Sold $17,475,000 -0.7% $1,963 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $17,600,000 -- $1,978 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $134,149 $11,130,012 $8,275,903 $2,854,109
2023 $131,716 $10,911,778 $8,113,631 $2,798,147
2022 $127,934 $10,697,823 $7,954,541 $2,743,282
2021 $124,231 $10,488,063 $7,798,570 $2,689,493
2019 $120,645 $10,176,983 $7,567,261 $2,609,722
2018 $116,014 $9,977,435 $7,418,884 $2,558,551
2016 $65,505 $5,632,572 $3,818,695 $1,813,877
2015 $62,701 $5,547,966 $3,761,335 $1,786,631
2014 $60,589 $5,439,290 $3,687,656 $1,751,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-460879

The MLS

APN: 4341-028-011